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HomeMy WebLinkAbout0077 . 33G~;~g ~ ~ 1 THIS INDENTURE. M~ di.. ~14th ~Y'af 1N8y1 , A.D. 19 76 b~tw~en Josenh L Walker and Mar ~i: ~ri e ; of - St . Lucie ~ Cp~~y p~a~, hK~in~ftM dtsg~~t~d .q tM "MORTGAGOR:~ .~M~. F~RST FEDERAt SAVINGS AN~ IOAN ~ ASSOCIATION OF iORT PIERCE, a corpor~tion orp~els~d u~d exiitlnp und~ ~h~ laws of tM UoNed S~a~h of Mn~ric~ a~d havinp Ns princtpal pl~u of buurws~ in th~ CIry of Fort Pi~rct, St. luci~ Co~nty, flpid~, htrtinaftH daiyn+t~d.q tM "MORiGAGEE." WHEREAS 1M MORTGAGOR is juilly i~btsd fo tM MORTGAGEE i~ th~ wm of = Za~~~ , good +nd bwfui money of ths Un~ted State~ adva~ced by the MORTGAGEE unto iM MORTGAGOR, as evidtr+ced by a certaih promiswry nob ot even date Mr~with, of whrch tF» iollowinp in wads and fiy~res is a trw copy, to-wit: ~ 2$~000.00 ~13000301 ~ Faw p~.K.. flortd~, ~ Mav 14 ~v-~ Fa valve received, 1. ws a either of us, promise to pay, wi~hout d~falution, to the order of FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF ! FORT PIERCE at Faf Pierce, Florida, tbe sum of Z 28 with i~terest f~om date at the r~~e of~aZ~Ys per annum, in monthly inst+l4 ; ~„en~s as foltows: S 231.0~ on ths 2Othday of June , ~q 76 ~ ium on tM carespond~nq day of each mo~th tMr~- ~ after until the whols be fully paid. ~ Exh i~stailmenf first shall bs applied in payment of tF?e interest ~nd ~hen o~ the unpaid balance of tht princip~l ium. If defeult ts made in tM { payrne~t of any ina~altment when due, and uxh def~ult continues 30 day~, the~ af the optwn of tM holder, and without any other notice, all the nmaininp ~nifallments shall be due aod payable at once. Privik~e is yiven to prepay thi~ rats in whole or in put at any time withovt penalty. Neither forebeara~ce, nar acceptance by the holdcr tb~reof affer ~ny defauH in ~ny p~yments hereon, thall be deemed extsnsion. A tate p+yment charg~ of 1~ j•~~ ' shall b~ added to cach installment remaininp unpaid 7 days afte~ ita due date, and s tike sum shall be added to each such instsllment rertuining unpaid 7 days +ffN ` each succeedinp payment date. ' ' i Euh maker, suroty and endorser hereof, jointly ~nd seve~+lly, waives demsnd, piese~tment prote~t and notice of proteit fw nonpayment, and further ~ agrees to s~y extension of time of payment, either before or aftar maturity, without notice to any of us; and to pay all costs of collectan, includinp ~ reaso~abk atiorney's fee in ~he event of any detauh Mreunder, end he?~by seve+ally waives all bene(it of homestead and eaemption under tM constitution j and laws of each S~ate of the United States, ss against this oblipation a any ext~nsion w renew~l Aereof. } Witneas the ha~d a~+d ieal of each party. i s/Joseph L. Walker ~ ; (s~?U 1 s~Margrette W. Walker ~q { _ S42 OO ~U ~ t • 1 st+te aevenue j (i~r~?~rwMli~~ow+~igin~w~h) • • # NOW, THEREFORE, the MORTGAGOR fw ths pvrpose of securinp paymem of said wm of f 28s~0•~ and th~ performanc~ of th~ i covsnants snd agreemenri hereirafter expressed, and fw divers good and velwble tonsideratians, by the~e preients, does gr~nt, berpsin, iell, remise, ~ release, convey and confirm unto the MORTGAGEE, in s~cceuors a~d au~na, •II tMt c,at~in bt, piece o~ puut of land, situat~, lyir~p, and beiny in th~ County of $t. i'uCie and $tats of Fbrida, d~suibed u followu ~ ~ ~ Lot 39, Block 28, RIVER PARK UNIT #3, according to the plat thereof on file in plat ~ book 10, Page 80, Public Records of St.Lucie County, Rlorida. $ w~e M 3'~/ 9_ s~ s- 6~a o ~ o ~ ~ ~ By agrees~ent of Mortgagor and Mortgagee on file with Moztgagee, ; the ~rithin sortgage secures noL only an existing indebtedness, but also ADVANC6S to be HERFAFTER nade by Mortgagee to Mortgagor, the aggregate of which will equal the principal a~ount specified in the pronissory note secured hereby. ' ~ f I{ I } i . i ~ f j - . - ~f"- : E 5"~"~;T:~ f-~~ FLJ?~~~. ~ ~ tzcc:;r.;~c3T:~k~--- _ .s?t~.nn~ ~r.~ 1 f .`-L ~F?! Cr kE1E:Ut `.-c#±r~f~` ^ ! ~ ~ ?KPAYMEKi , . _ ~ "i-; L-~ _ pg i•'7b 4 Z. O O ~ ~ ~I'~ ~$g'~' 111TA('IGIBIE PfRSOlIAI TM~ o T 10 CFIAPfER 71-134. A(:15 OF 19T1. yf~~~ I , PIiRSIiAN ppgER PORRJ?S / ~ ~ . ~~pJR pp~tRT, SI. U1CIE CQ.. fU~ ~ ! ~ i ~ rogether with all ~nd singular tM tenements, hereditamenri ar+d ~pp~?h~nces therevnto belonyin~ w in anywise ~pperi~ining thar~% and ~U r~nb, fuwa, ' ~ proceeds and profiq acuuing and to xcrue from s+id premises, all of whid~ ue included in tht ~bov~ ~nd forpoinp description ~nd h~bu~dum. } ' TO HAYE ANO TO HOLD the sbove described and yra~ted pr~mues uMO th~ taid MORTGAGEE, its svaesson and auigeu fwsva. Md tht ssld ~ MORTGAGOR fw the~i ~~n, executon, administnton and suiyns, hertby car~nanb with the said MORTGAGEE, ib sutceswrs w~d ast.ipns, ~ th are ~ rhat lawfully seized of the ~aid premists in fe~ iimplej tMt tM sams are fr~e, clNr and discMryed from ~II liem and ~ncu~ ~ brancei in law w in equity, ~~d that tt1Q3R- will u+d ~i r h~in ~hall warranr aod defend ~M ritl. ro rh. wn» ro rh. wW MORTGAGEE, iri ~uccessws ~nd auiyro, (orever sgainst tM lawful clsims a~d demands of all perwns; ' ~ PROVIOED, AIWAYS tfwt if the MORTGAGOR shall pay unto the MORTGAGEE the promi~swy note hereinbe(or~ d~scribed and sFu~l truly, promptly = = and fully perform, dixMrye, exetute, cOmpkte, tamply with and abide by e~th ~nd every ths itipulations. ~y?eemenri, tonditioro and covsrut?ri of said ~ promisswy note and of this Mortgsge, ~hen this Mortyage and the Esute her~by a~ated shall cease and rwll and void. ,T ! ~ IT IS UNDERSTOOD tMt tM word "Mortpapor" whether in th~ sinpubr w p~wal anywhae in th?s Mort9aye, ah+ll b~ ainqular if on~ only ~nd ~ shslf be plur~l iointly and severally if mw~ than on~. ~nd that the wad "tht'v" as used anywhers in this Mortpaye thall be taken fo mt~n •'hls,'• •'Mrs,'• ~ ~ or "its;' whereve~ tF?e conteat w impGes w sdmits. Also, that wherever ther~ n• refe~ence in the coven+nts and apreemenri Ix~ein contained ro~ny of y ~he panies herero, the sa?rw shall be construed to mean as well a~ the hein, Is9+l r~presentativ~s, sucuuon snd assiqro (either voluntary by act of th~ i ~ pertie~ or invduntary by opention of the law) of the s~me and that the coven+nts herein contsined shall bind ar~d ths berwfits and ~dv~ntap~s hw~ ~ p ~ to the reipectiw hein, kgsl rep~esentatives, successon and au~9iu of the pmies hereto. f ~ And ~sid Ntonyago?s, iw themselres a~d rhair hein, Ieg+l r~presentstivq, successon and ~uigru, h~reby joinHy ~nd uvaralfy covMant ~nd ~pnt s~ ~ ro and w7th ehe said MORTGAGEE, its successors and aui9ns: ~r r~. 1. To psy ~11 and sinpu{ar tFw principal and interest snd the vareous and sundry wms of mw~ey paYabk by virtw of ~aid promiuory note, snd fhls ~ mort e~ch ~nd ew om tl on tM d r~s ~vel tl+~ sarrw ~ewull becortr due. i 9+9~• ~Y. W P Y m P~~ Y Y ~ 2. To pay ~11 ~nd sinpvla~ the taxes, asseumenn. Iwies, liab+li?iei, obliy~tions and tncumbranc~s of every n~tw~ and kind now on s~id d~wib~d + ~ property, a that hereah~r m~y b~ impos~d, wffered. Placed, levied, or ass~swd thereon, a that hereafter may b~ Isvied a~ssNwd ~pon tl~is Nbrp~ ~ age, or tht i~?debtedneu sacured Mre b y. ~+ch ~nd every, wlMn dw and p~yable, accwdirg to law, befor~ t h t y becarr d~linqueM, and lo~for~ u~y intM~st ~ attaches w ~ny penalty is incurred; AND INSOFAR AS ANY TMEREOf IS Of RKORD THE SAME SHAII Bf PROMPTIY SATISFIE~ AND DISCHARGED Of ~ ~ RECORD AND TNE ORIGIt3At OFFIGIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OPFICIALtY ENOORSEO OR CERTIfIEO) SFUII BE Pl/1CED IN TME HANDS Of SAtD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that ~ny tlwteof is no1 i pa~d, sat'sfied •nd d~uhsrged sa'd MORTGAGEE may at any time p~y the same a sny patt thereof witho~t w~iviny ot af4ectiny any option, lien, puit~r or •~qht under or by virtue of Ihis morty~ge and the full amount of exh ~~d every such psymeM sFull be immediately dw and payablt and sMall bta? inMrpt ~ ~.om the dste thereo/ until paid ar rate of nine pe? centum per annum snd toqether w~ti? such imerest shall be secured by fht litn of th:s mwytapt. ~ ~ ' ~ ~ ~ . . . _ ~ . . _